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Recruitment is the process of finding and hiring candidates for particular jobs. The recruitment and selection process is made up of several stages; from initial discussions with a potential candidate, right the way through to candidate onboarding.
The recruitment industry encompasses all personnel, companies and software relating to sourcing talent, hiring and job seeking. Recruitment is one of the biggest industries in the world, with almost 40,000 recruitment agencies in the UK alone, and hundreds of thousands of employees. Within the recruitment industry, Recruiters or Recruitment Consultants act as the intermediary between companies looking to hire candidates, and jobseekers searching for a new career opportunity.
For companies to scale up, it is vital for employers to understand the importance of recruitment, and the key role it plays in the growth of businesses. Every business that wants to grow will need to hire talent at some point or another, and recruitment is important for every industry, from finance to advertising.
The purpose of recruitment is to identify the right candidates for specific job roles and attract these candidates to an organisation. Successful recruitment isn’t just about filling a single job vacancy, but about organisational performance in the long-term.
There are various methods for selecting candidates. While some businesses use in-house Talent Acquisition or Hiring Managers to find talent, others will choose to employ recruitment agencies to help them source, meet and eventually hire the best candidates.
Recruitment agencies act as the middleman between businesses and candidates, helping companies to source and hire talent, and helping jobseekers find jobs.
Businesses hire employment agencies to help them with their recruitment needs and streamline the recruitment process; by shortlisting the best applicants for the role and introducing these candidates to the company by setting up job interviews. They will also speak directly to candidates, decide whether they are suitable for the job and potentially secure them a temporary or permanent role.
Recruitment agencies work with candidates to understand their skills, career interests, and if they have any specific job requirements. The Recruitment Consultant will suggest suitable job roles and help the candidate secure interviews. At Give A Grad A Go, we add value by helping candidates prepare for job interviews, providing feedback on any unsuccessful interviews, and enabling the candidate to work on any areas for improvement.
The recruitment process is made up of several stages; including identifying, attracting, shortlisting, interviewing, hiring and onboarding candidates. The recruitment process can be time-consuming (something that recruitment agencies can help with), and many companies choose to create an effective recruitment strategy to help them plan their hiring in the short-term and long-term.
A Recruitment Consultant usually works at a recruitment agency; where they will develop a portfolio of clients and a network of candidates. A career in recruitment involves helping businesses recruit talent and simplifying the hiring process for employers. This includes sourcing the best candidates for companies, pitching roles to candidates and highlighting the best career opportunities, shortlisting top candidates, and arranging interviews.
Recruitment Consultants will often work with companies long-term, finding out more about their business and which hires have been successful. Recruitment professionals will also utilise their knowledge of the market to offer advice to job applicants and companies, sometimes helping businesses create a hiring plan or recruitment strategy.
Recruitment and selection are two different stages of the employment process:
Overall, the recruitment and selection process involves the entire employment process from start to finish.
Our recruitment fee structure depends on the type of hire you are looking to make. These include permanent hiring fees, temp to perm fees, summer internships, and a range of other recruitment services. We also offer a flexible recruitment pricing structure depending on whether you are looking to make a one-off hire or multiple hires. If you would like to find out more about our recruitment agency fees, please get in touch today on 020 7100 8800.
Recruitment agencies do not usually charge candidates, but charge the employer a fee. This is typically a percentage of the annual salary for the job role once a successful candidate has been placed.